Government spending per capita in Iceland
Iceland: Government spending per capita was 39,385 current international-$ in 2024. ▲ Rising
Government spending per capita in Iceland, 2007–2024
Source: OECD (2026) – with minor processing by Our World in Data. Measured in current international-$.
Analysis
The most recent figure for government spending per capita in Iceland is 39,385 current international-$, measured in 2024. That is the highest value across all 18 years on record.
The figure is up 4.3% on the previous year and up 83.5% over ten years.
Over the whole period, government spending per capita in Iceland peaked at 39,385 current international-$ in 2024 and was at its lowest, 18,590 current international-$, in 2007.
That places Iceland 5th out of 43 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22,923 current international-$ | 18,590 current international-$ | 27,733 current international-$ | 3 |
| 2010s | 22,848 current international-$ | 19,628 current international-$ | 27,008 current international-$ | 10 |
| 2020s | 34,914 current international-$ | 29,485 current international-$ | 39,385 current international-$ | 5 |
Countries ranked near Iceland
More reference data data for Iceland
- Spring temperature anomalies -0.5453 °C (2026)
- Summer temperature anomalies 0.1076 °C (2026)
- Temperature anomalies by month -0.09 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.653 °C (2025)
- Winter temperature anomalies 3.5 °C (2025)
- Consumer price index 179.82 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is government spending per capita in Iceland?
- Government spending per capita in Iceland was 39,385 current international-$ in 2024, according to OECD (2026) – with minor processing by Our World in Data.
- What is the highest government spending per capita recorded in Iceland?
- The highest recorded value was 39,385 current international-$ in 2024.
- What is the lowest government spending per capita recorded in Iceland?
- The lowest recorded value was 18,590 current international-$ in 2007.
- How does Iceland rank for government spending per capita?
- Iceland ranks 5th out of 43 countries with data for 2024.
- Is government spending per capita rising or falling in Iceland?
- Over the last ten years it is up 83.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from OECD (2026) – with minor processing by Our World in Data, published as part of Government spending per capita. Statizoid updates them automatically from the source API.
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About this data
The total amount of money the general government spends per capita. This data is adjusted for differences in living costs between countries but not for inflation.